Waters Corporation

Company Profile

Waters Corporation had its IPO on 1995-11-16 under the ticker symbol WAT.

The company operates in the Healthcare sector and Diagnostics & Research industry. Waters Corporation has a staff strength of 8,200 employees.

Stock update

Shares of Waters Corporation opened at $262.51 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $258.53 - $262.6, and closed at $260.36.

This is a -1.12% slip from the previous day's closing price.

A total volume of 326,766 shares were traded at the close of the day’s session.

In the last one week, shares of Waters Corporation have slipped by -7.35%.

Waters Corporation's Key Ratios

Waters Corporation has a market cap of $15.56 billion, indicating a price to book ratio of 53.0439 and a price to sales ratio of 6.8962.

In the last 12-months Waters Corporation’s revenue was $2.99 billion with a gross profit of $1.72 billion and an EBITDA of $997.95 million. The EBITDA ratio measures Waters Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Waters Corporation’s operating margin was 28.89% while its return on assets stood at 14.24% with a return of equity of 115.96%.

In Q2, Waters Corporation’s quarterly earnings growth was a negative -6.2% while revenue growth was a positive 3.7%.

Waters Corporation’s PE and PEG Ratio

Forward PE

27.248

Trailing PE

23.8496

PEG

2.9821

Its diluted EPS in the last 12-months stands at $11.04 per share while it has a forward price to earnings multiple of 27.248 and a PEG multiple of 2.9821. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Waters Corporation’s profitability.

Waters Corporation stock is trading at a EV to sales ratio of 7.3292 and a EV to EBITDA ratio of 21.7658. Its price to sales ratio in the trailing 12-months stood at 6.8962.

Waters Corporation stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$4.55 billion

Total Liabilities

$809.39 million

Operating Cash Flow

$-1366920000.00

Capital Expenditure

$46.61 million

Dividend Payout Ratio

0%

Waters Corporation ended 2024 with $4.55 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.55 billion while shareholder equity stood at $771.23 million.

Waters Corporation ended 2024 with $0 in deferred long-term liabilities, $809.39 million in other current liabilities, 1626000.00 in common stock, $8.80 billion in retained earnings and $1.31 billion in goodwill. Its cash balance stood at $329.69 million and cash and short-term investments were $330.58 million. The company’s total short-term debt was $75,908,000 while long-term debt stood at $2.58 billion.

Waters Corporation’s total current assets stands at $1.68 billion while long-term investments were $0 and short-term investments were $885000.00. Its net receivables were $693.44 million compared to accounts payable of $81.92 million and inventory worth $536.83 million.

In 2024, Waters Corporation's operating cash flow was $-1366920000.00 while its capital expenditure stood at $46.61 million.

Comparatively, Waters Corporation paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$260.36

52-Week High

$353.71

52-Week Low

$248.18

Analyst Target Price

$300.85

Waters Corporation stock is currently trading at $260.36 per share. It touched a 52-week high of $353.71 and a 52-week low of $353.71. Analysts tracking the stock have a 12-month average target price of $300.85.

Its 50-day moving average was $277.46 and 200-day moving average was $300.28 The short ratio stood at 4.81 indicating a short percent outstanding of 0%.

Around 32.6% of the company’s stock are held by insiders while 9440.3% are held by institutions.